The Idea Center Inc
- Assets
- $2.5m
- Revenue
- $33.6k
- Investments
- $0.0
- Employees
- 20
- Location
- Manhattan, KS
- Founding
- 05/2002
- Data as of
- 06/2021
- EIN
- 48-1242031
Organization Overview
The Idea Center Inc is located in Manhattan, KS. The organization was established in 2002. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Idea Center Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idea Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Idea Center Inc generated $33.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (53.5%) each year. All expenses for the organization totaled $29.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (53.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Idea Center Inc has awarded 12 individual grants totaling $104,479. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING SERVICES AND PRODUCTS FOR ASSESSING AND IMPROVING TEACHING, LEARNING AND ADMINISTRATIVE PERFORMANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT RATINGS & EVALUATIONS - AN END OF COURSE EVALUATION FORM USED IN POST SECONDARY COURSES. INCLUDES AN ONLINE DEPARTMENTAL SPECIFIC INSTRUCTIONAL EVALUATION SYSTEM.
IDEA RESEARCH GRANTS - PROVIDES FINANCIAL SUPPORT FOR PRACTITIONERS ENGAGED IN THE EXPANSION OF TEACHING AND LEARNING THROUGH GIVING AND GRANTMAKING TO FUND VARIOUS PROGRAMS SUCH AS IDEA IMPACT GRANTS, THE FUND FOR IDEA-PRIORITY PROJECTS, RESEARCH & PAPERS AND FUNDABLE PROJECTS FOR COLLEGES AND UNIVERSITIES.`
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Bernstein Chair | OfficerTrustee | 0.25 | $0 |
Ken Ryalls Administrator | OfficerTrustee | 40 | $0 |
Lynn Eaton Director | Trustee | 0.25 | $0 |
Peter Felten Director | Trustee | 0.25 | $0 |
Cassandra Horii Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $11,142 |
| Investment income | $22,416 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $33,558 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $68 |
| Payroll taxes | $347 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,924 |
| Advertising and promotion | $0 |
| Office expenses | $1,877 |
| Information technology | $165 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,621 |
| All other expenses | $0 |
| Total functional expenses | $29,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $291,711 |
| Savings and temporary cash investments | $2,205,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,556 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,498,267 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,498,267 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,498,267 |
Grants Awarded
Over the last fiscal year, The Idea Center Inc has awarded $17,226 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Gainesville, FL PURPOSE: IMPACT GRANT | $9,976 |
Greensboro, NC PURPOSE: IMPACT GRANT | $7,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Turing School Of Software And Design Denver, CO | $6,210,648 | $10,301,401 |
Rooted Denver, CO | $4,963,250 | $7,608,549 |
United States Space Foundation Colorado Springs, CO | $16,544,992 | $7,378,299 |
Collective For Youth Omaha, NE | $16,344,773 | $14,408,697 |
Youth Entrepreneurs Inc Wichita, KS | $8,370,922 | $6,293,107 |
Lena Foundation Louisville, CO | $6,954,124 | $11,160,800 |
Starfall Education Foundation Boulder, CO | $23,360,929 | $7,522,820 |
Oklahoma Public School Resource Center Inc Oklahoma City, OK | $4,660,216 | $8,536,647 |
Communities In Schools Of Mid-America Inc Lawrence, KS | $5,926,043 | $10,689,088 |
Colorado High School Activities Association Aurora, CO | $4,647,577 | $4,396,075 |
Avenue Scholars Foundation Omaha, NE | $2,155,096 | $4,937,256 |
Kauffman Scholars Inc Kansas City, MO | $2,305,850 | $5,242,341 |